12 Companies With SEBI Approval For IPO

IPO frenzy has dimmed a bit and experts kind of owe the weak listing so far in the month of August to low cash in the hands of investors. Also other factors leading to a weak momentum among IPO stocks is the weak market momentum as well as higher valuations. Nonetheless a slew of companies will be lining up for IPO offers again and here is the complete list of IPO offers that have been given approval by the market regulator thus far and are yet to hit the primary market.

So, far in the financial year that started from April in the period upto July, 12 companies have raised a total of Rs. 27000 crore and there is a said to be a pipeline of public issues worth Rs. 70000 crore.